135 N 8TH Street Allentown, PA 18102

Building Details

Year built

1900

Number of units

4

Building materials

Brick

Listing Agency eXp Commercial l***@exprealty.net Show Phone

630 Freedom Business Ctr Drive unit: 300, Dover, PA

Listed by james J Reardon · License #RS342638 Show Phone

Added: Apr 22 Checked: Jul 18 at 1:06 pm

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MLS# PALH2015224 Listing URL

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Investment Insights

Based on property information with market context.

Located in the heart of Allentown, this meticulously maintained, all-brick, four-unit residential building at 135 N 8th Street presents a prime investment opportunity. The property is fully occupied and offers a mix of units, providing consistent cash flow. Situated in the 18102 zip code, in the Old Allentown Historic District, the location provides tenants with convenient access to downtown Allentown's amenities, dining, and public transportation. The building's classic all-brick exterior offers durability and curb appeal with minimal maintenance. Financial projections include a conservative 5% vacancy rate. The property generates an annual income of $61,020.00, with a Net Operating Income (NOI) of $48,499.06. The property is located one minute from the center of Allentown. The seller has additional properties for sale, including 106 N 8th, which is one block away. The property will be sold with a cleared Certificate of Occupancy (CO) from the city of Allentown. The lot size is 0.051 acres.

Key Highlights

• Fully occupied 4‑unit brick multi‑family at 135 N 8th Street in Allentown
• Financials: $61,020 annual income and $48,499.06 net operating income (NOI)
• Built in 1900 with all‑brick exterior construction and electric baseboard heating

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FAQs

What type of property is this?

Quadplex - Turn-key, fully occupied four-unit building in Allentown's historic district.

Where is this quadplex located?

The property is located at 135 N 8TH Street Allentown, PA.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Fully occupied 4‑unit brick multi‑family at 135 N 8th Street in Allentown; Financials: $61,020 annual income and $48,499.06 net operating income (NOI); Built in 1900 with all‑brick exterior construction and electric baseboard heating